7901 Ventnor Avenue Margate City, NJ ^$ 3,100,000

7901 Ventnor Avenue

^$ 3,100,000

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7901 Ventnor Avenue

Margate City, NJ, 08402

^$ 3,100,000

Studio Baths0.0 Sq 10,125

Monthly Estimate*

^$ 21,654

7901 Ventnor Avenue, Margate City, NJ 08402 - Image 1

7901 Ventnor Avenue, Margate City, NJ 08402 - Image 2

7901 Ventnor Avenue, Margate City, NJ 08402 - Image 3

7901 Ventnor Avenue, Margate City, NJ 08402 - Image 4

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Studio

Commercial Property for sale in Margate City, NJ

for $3,100,000. This 10,125 square foot building was built in 1920 on a lot size of 0.15.

Largest single commercial plot on Ventnor Ave in Margate - 10,125 sf available for commercial in commercial zone. This is a prime opportunity in desirable central location on main street of thriving Margate business and residential community. Seller will handle environmental, which is in process. Street cuts already exist on the side streets, Franklin and Exeter Avenues.

Commercial Active

Price

^$ 3,100,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 11,919

Style

Auto Related,Parking Lot,Supermarket/Grocery Store

Lot Size

0.15

Year Built

1920

Town/City

Margate City

County/Region

Atlantic

MLS | Web ID

NJAC2007940

Features

Interior

Heating Fuel Natural Gas

Hot Water Other

Heating Y/N Y

Street Suffix AVENUE

Central Air Y/N Y

Total Restrooms 1

General

Sewer Public Sewer

Heating Baseboard - Hot Water

Cooling Central A/C

Possession Immediate

Zoning COMMERCIAL

Construction Materials Wood Siding

Year Built 1920

View City

Property SubType Other

Tax Year 2022

Percent Ownership Fee Simple

Cool Fuel Electric

Municipality MARGATE CITY

Business Type Auto Related Parking Lot Supermarket/Grocery Store Other Banquet Facility/Lodge Bowling Alley Medical

Accessibility >84 Garage Door 32 + wide Doors Accessible Switches/Outlets No Stairs

County ATLANTIC

New Construction N

Property Type Commercial Sale

Water Access Y/N N

Status ACTIVE

Directions On Ventnor Avenue between Frontenac & Franklin Avenues

City MARGATE CITY

Buyer Agent Compensation 2.5

Disclosures Flood Insurance Required

MLS Area Margate City (20116)

Lot Size Square Feet 6534.00

Waterfront Y/N N

Street Name VENTNOR

Tax Annual Amount 11919.0

Price Per Sq Ft 6200.0

Acceptable Financing Conventional

Lease Considered Y/N N

Vacation Rental Y/N N

Virtual Tour https://www.youtube.com/watch?v=T95VlBX8Ou4

Days on Market 386

Location Type Urban

Standard Status Active

Year Built Source Estimated

Buyer Agent Compensation Type % Of Gross

Exterior

Water Source Public

Type of Parking Parking Lot

Water View Y/N N

Building Area Total 500.00

Lot Dimensions 135x75

Lot Size Acres 0.15

Road Surface Type Black Top

Lot Size Units Square Feet

Lot Size Source Estimated

Road Responsibility City/County

Navigable Water Y/N N

Water Oriented Y/N N

Internal Only

Street Number 1 7901

* Excluded Features

List By

Bhhs Fox & Roach-Margate

Broker

robert.rosenthal@foxroach.com

Affordability Calculator

$22,648

Per Month

Monthly Principal & Interest: $21,654
Monthly Property Taxes: $993
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Margate City, NJ

Average List Price ^$3,224,500

Percent of Sale Price 4%

About Margate City, NJ

5,308 Population

-35% Since 2002

^$68,398 Median Income

56.24 Median Age

13% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2136830 Elementary School

2137124 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/12/2023	$3,100,000		Listed Price

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7901 Ventnor Avenue, Margate City, NJ, 08402 is a Commercial Property for sale at $3,100,000 with 10,125 sqft and a lot size of 0.15. 7901 Ventnor Avenue is a studio with 0.0 baths and was built in 1920. The property's zip code is 08402 which is in Margate City, NJ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BrightMLS Broker Reciprocity^SM program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Weichert, Realtors® participates, and is provided by BrightMLS through a licensing agreement.

Real estate listings held by brokerage firms other than Weichert, Realtors® are marked with the Broker Reciprocity icon (a little black house) and detailed information about each listing includes the name of the listing broker.

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7901 Ventnor Avenue

Commercial Property for sale in Margate City, NJ

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